Private Investment Arm Targets Clean Energy Transition
Morgan Stanley Investment Management has secured $750 million for its 1GT (One Gigaton) Fund, aimed at accelerating the global shift to clean energy. The fund focuses on high-growth cleantech companies, supporting innovations in carbon reduction and sustainability. The 1GT Fund aligns with Morgan Stanley's broader commitment to ESG and sustainability investing, and it targets investments that can drive a gigaton of carbon reductions. The firm’s private equity arm continues to position itself as a leader in the transition to a greener economy.